Intel Buys McAfee for 7.7 Billion
Intel is set to acquire McAfee for $7.7 Billion USD, pending government approval. McAfee, best known for their security software, has had strong growth over the past few years. Intel intends to work with McAfee to implement hardware-enhanced security into their future products. Their strategy will add Protection to the Power and Performance.
If you have four minutes, you can watch their press-released interview – though, its quite dull and is mostly a PR front.
As always, we'll be here to bring you the latest news as it develops – perhaps we'll see some new McAfee-Intel collaborations in 2011.